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20121201
20121201
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onto their bargaining power right now. you have both sides doing these kind of events. john boehner came out right after the president spoke in pennsylvania and said we're at a stalemate. that's sort of sending the alarm and also trying to hold your cards close. >> so meredith, based on also what david is saying regarding john boehner your latest article "cliff talks send parties back to old corners." do you think that will mean the same same old results? >> we've seen this movie before. we saw this a year and a half ago during the debt ceiling debate and even a little bit before then in the spring of 2011 when they were talking about potentially having government shut down. remember we're talking to you today about this because last fall the super committee that was supposed to find $1.2 trillion in savings failed to do that. now we're trying to replace those same automatic cuts. so i think there is a lack of trust right now between the main negotiators the house republicans and the white house. i was just talking to senator dick durbin the other day and i asked him, is there a tru
house speaker john boehner says the latest proposal from the white house would cripple the economy. the plan calls for a boost in revenue by $1.6 trillion over the next decade. >> they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean it's, it's -- not a serious proposal. so right now we're almost nowhere. >> >> mike viqueira joins us live from the white house. where is almost nowhere? >> it's inside the beltway and it's business as usual. it's also december 1st, alex, and we have exactly one month now to avert the fiscal cliff and avert what everybody agrees would be economic catastrophe. of course that combination of $500 billion, a half a trillion dollars in extra taxes for americans, about $2200 just next year alone for the average family. $100 billion in spending cuts, automatic spending cuts, part of that sequester, from the deal that we went through last year that we took right up to the last minute. so, there are two things that are clear here after the president's proffer, one the president and the white house feel as t
Search Results 0 to 1 of about 2